Populist rage, anyone? Bailed-out Bank of America giving out millions in bonuses
Wonder if this will stir up some of that populist rage that used to be so popular. According to the New York Post , Bank of America, which accepted $45 million in government funds, has doled out millions of dollars in bonuses to at least two executives. A BofA spokeswoman argued that paying talented employees top dollar to stay is necessary because rival firms are poaching its best execs at an alarming rate.